08/28/2026
You could be wasting THOUSANDS on attorney fees every time you close a commercial real estate deal.
And the crazy part? You may not know what the bill is going to be until right before closing.
One thing I learned years ago: negotiate the legal fee BEFORE you engage the attorney.
Before they start working on the deal, I want to establish:
â The scope of work
â Whatâs included (and what isnât)
â A flat fee or expected fee range
â What circumstances could cause that fee to increase
Otherwise, every phone call, email, document revision, and back-and-forth can keep the meter running.
And when youâre finally 24 hours from closing?
đĽ Surprise: Hereâs your legal bill.
Your attorney is an important part of your commercial real estate team. That doesnât mean their fee shouldnât be negotiated.
Define the scope. Negotiate the fee. Do it BEFORE the work starts.
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